insurance
Hong Leong’s underwriting profitability to continue
Hong Leong’s underwriting profitability to continue
Its shift toward fixed-income securities is expected to reduce volatility.
Meiji Yasuda's LGA buy to boost core profits: Fitch Ratings
Core profits could rise $59m yearly.
APAC insurers stable despite LA wildfires, says Fitch
Japanese non-life insurers operating in the US are expected to manage their losses.
Asia sees rate reductions, Japan maintains firm pricing: Aon
Underwriting remains disciplined across Asia, particularly in Japan.
Manulife Asia announces leadership overhaul
Phil Witherington will assume the role of President and CEO of Manulife on 9 May.
Taiwan insurers' earnings leap to $10.3b in December
The life insurance segment made up 92.4% of the total profits.
KB Insurance earnings up 9.1% to $6b in FY 2024
Thanks to higher revenues, which increased 3.8% YoY.
Insurance investors to boost allocations abroad this year
Majority of insurers concerned about demographic shifts and AI.
Zurich reveals flagship branch in Johor Bahru
It is located near routes like the Eastern Dispersal Link and Woodlands Checkpoint.
Insurers pivot to science-based cleantech risk modeling
This shift aims to address climate risks and capitalise on cleantech opportunities.
IFRS 17 raises financial statement clarity: Fitch
APAC insurers are reconsidering product offerings.
Allianz PNB cuts product rollout by 30% with new partnership
The insurer aims for customers to receive policies in five minutes.
Suncorp completes sale of Asteron Life to Resolution Life
Suncorp received $141.8m plus the estimated excess capital.
Premium finance market to grow 10% by 2032
The life insurance segment is expected to surpass $75b by 2032.
TONG YANG Life maintains stability amidst ownership change
Fitch notes that the transaction could impact business strategy.
Aon veteran to head commercial risk in Asia-Pacific
He will report to Joe Peiser, global CEO of Commercial Risk Solutions.
Markel’s FY 2024 net income leaps to $2.8b
EPS stood at $199.32.
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1. Remote job demand in Singapore insurance rises 15.3% 2. India insurance market sees moderating premium growth: Report 3. Tokio Marine Life, RHB launch guaranteed-acceptance plan for seniors 4. Manulife to sell MVI Life to Japan’s Asahi Life 5. Hong Kong reinsurers to absorb significant claims from Wang Fuk Court fireResource Center
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